February 02, 2012
Understanding the Legalities of Foreclosures
With loan modifications becoming increasingly more challenging to obtain, the amount of short sales and foreclosures continue to rise.
Read more >>
October 26, 2011
Short Sales that Stop Short: Why Agent-Driven Short Sales Close Poorly
Tips for successful short sale transactions.
Read more >>
October 04, 2011
A Rescue Plan for Distressed Short Sales
Short sale transactions are on the rise. The poor economy, rising unemployment and reduced home prices across the nation have all contributed to this trend. But what does this mean for you if you're a home buyer, seller or real estate agent? Read more to find out.
Read more >>
September 26, 2011
How to Rebuild Your Credit – Part 2
You will recall from the previous article that we discussed some of the initial steps you can take to rebuild your credit score.
In this article we continue that conversation and introduce three fundamental habits that you must have in order to maintain a strong credit score.
Read more >>
August 15, 2011
How to Rebuild Your Credit Part 1
Have you checked your credit score lately? Is it listed as bad or poor on loan and credit applications?
Whether you’ve had poor credit in the past, or you’re struggling to maintain good credit currently, there are easy steps you can take to rectify the situation.
Read more >>
July 27, 2011
Everything You Need to Know About Title Insurance
Have you ever wondered what title insurance is all about? What purpose does it serve and how does it benefit you as a homebuyer? Well, when you finally obtain approval for your home loan, the mortgage company will begin to speak with you about title insurance.
Read more >>
July 19, 2011
What Does a Title Company Do?
Title companies are mysterious to people who don't understand what the term 'title' really means. A lot of folks think of 'title' as a piece of paper that shows ownership of property such as a car, or a house. This is only one piece of the pie. This article tells you everything you need to know about what Title companies do.
Read more >>
June 29, 2011
When To Refinance Your Home Mortgage
Are you having trouble paying your mortgage? Do you often wonder when is the right time to refinance? Well this article explains some important considerations to make as you figure out whether it's time for you to refinance your mortgage.
Read more >>
June 22, 2011
10 Mistakes to Avoid Before Buying a Home
Home buying is rarely a quick and easy decision. It requires lots of pre-planning and preparation. Unfortunately many buyers do not plan adequately for this occasion. Sometimes they don't even know how to plan. Thus they end up getting disappointed when they cannot - for various reasons - purchase the home of their dreams. Here are 10 common mistakes to avoid before buying a home.
Read more >>
May 25, 2011
Worth Fighting Over: How Shared Driveways Come Between Good Neighbors
When you're in the market for a new home convenience is right on top of your wish-list together with location and other amenities. But what if your dream home comes with a shared driveway? Most people might assume that they automatically have the right to use a shared driveway. Unfortunately, that's not always the case.
Read more >>
April 26, 2011
Home Inspection Contingency: Straight Talk about Home Inspections – Part Two
The previous article discussed the importance of a home inspection contingency clause as part of the sales contract. In particular it focused on the Maryland Association of Realtors (MAR) inspection addendum, widely used in Howard County and surrounding areas. This week’s article analyses the Greater Capital Area Association of Realtors (GCAAR) inspection addendum which is used mostly in Montgomery, Frederick and Prince George’s counties and other areas in Maryland and Virginia surrounding Washington D.C.
Read more >>
April 19, 2011
Home Inspection Contingency: Straight Talk about Home Inspections – Part One
Buying a home is the one of biggest investments you will ever make. Once you purchase a house, there’s no option to exchange it or return it if things go wrong. A home inspection gives the buyer a better understanding of the physical condition of the structure by conducting a visual inspection of the house and its systems.
Read more >>
April 12, 2011
Understanding Your Lease Option Agreement
From a buyer’s point of view, a lease option is excellent when you wish to buy a piece of property but aren’t quite ready due to credit or financial problems.
The lease option gives you time to work out your finances while giving you some control over your ‘new home’. In a buyer’s market, a seller may also benefit from a lease option, if they have property that has been on the market for a long time or if they need to move quickly and need their house occupied as soon as possible.
Read more >>
April 05, 2011
6 Familiar Short Sale Troubles
Short sales present a less disruptive option to financially troubled home-owners than do foreclosures or bankruptcy. But they do have their fair share of problems. When a short sale buyer or seller is well informed about these potential pitfalls, then they can plan accordingly and even take some steps to reduce the impact of their effects.
September 20, 2010
How to Get People to Do What You Want: The Science of Persuasion
Being persuasive may be more important than having three letters behind your name. But don't tell that to all those overpriced institutions of higher education.
Read more >>
September 02, 2010
How to Recession-Proof Your Business
Has the weak economy put your pockets in a pickle?
Read more >>
August 17, 2010
How are Record-Low Mortgage Rates Affecting the Housing Market?
With 30-year fixed mortgage rates at 4.5%, buyers and refinancers should be rushing to loan officers as if it were Christmastime at Walmart. Are they?
Read more >>
July 27, 2010
3 Marketing Mistakes to Avoid
Most experts agree that marketing is key to maintaining any business. But, what is marketing?
Read more >>
July 02, 2010
How to Stay Up in a Down Real Estate Market
Summer is here. The housing market has picked up and continues to gain momentum, mortgage rates are still low, buyers are out and about, there are multiple offers on single properties, and even though the federal tax credits have expired, transactions are still taking place. So, life is good . . . right? Hmm . . . not so fast.
Read more >>
June 18, 2010
Is the Real Estate Market Stressing You Out?
The real estate market is challenging. Foreclosures, short sales, price markdowns, high demand/low supply, RESPA/HUD-1 confusion, it's enough to stress you out. And we all know what stress can do.
Read more >>
June 09, 2010
How Will the U.S. Jobs Bill Affect Local Real Estate Development?
House passes job legislation, but is it all good news?
Read more >>
June 04, 2010
How to Handle Difficult Clients
Realtors can acquire a number of special designations in order to make themselves more marketable, such as: Commercial Specialist, Seniors Real Estate Specialist, Appraiser Specialist, Short Sale and Foreclosure Specialist, Green Specialist, and the list goes on. But I've never seen a designation for "People Specialist " You know . . . a designation that would qualify you as an expert in "How to Handle Difficult People or Clients." Bummer.
Read more >>
May 20, 2010
How to Prioritize and Make Life Easier
You have a million things to do and they all need to get done yesterday! But since there's only one of you, what gets done and what doesn't?
Read more >>
May 10, 2010
7 Best Ways to Negotiate Real Estate Contracts
Negotiation is at the heart of successful real estate contracts. Each side comes to the table with expectations and if all goes well each side leaves feeling satisfied with the outcome.
Read more >>
April 29, 2010
Real Estate Agents: Will Driving a Flashy Car Make You Richer or Will the Clunker Get Her Done?
Clunker vs. Flashy Car. Does it really matter?
Read more >>
April 22, 2010
9 Secrets of Success in Real Estate Sales
Real estate sales can be a lucrative business. Do you have what it takes?
Read more >>
April 16, 2010
Lakeview Title Company Real Estate Market News
The housing market is in recovery. Are we headed for another boom? Or will growth sputter and stall? Has there been any job growth? Has the foreclosure rate risen?
Read more >>
April 07, 2010
5 Reasons Why Buyers May Be Bummed Out About the Real Estate Market
Far be it for me to be the bringer of not-so-rosy news because I like to think optimistically. And not-so-rosy news really gives me the heebeegeebees!!
In any event, it is what it is, so read on.
Read more >>
March 31, 2010
Real Estate Agents: 12 Best Ways to Market Yourself
After you've done your research and identified your target market, marketing involves building and maintaining relationships with people who are interested in buying what you are selling. It means regular communication that lets people know you can help solve their problems or give them what they want.
Read more >>
March 24, 2010
Is It Better to Be a Jack of All Trades or Master of One? - Part II
This is Part II of a two-part series. Part I addressed specializing. If you missed it, by all means, feel free to go check it out. Part II will address generalizing.
Read more >>
March 17, 2010
Is It Better to Be a Jack of All Trades or Master of One? - Part I
Real estate professionals have an abundance of choices when it comes building, maintaining, and expanding their businesses. But when you think about it, it comes down to two basic strategies: generalize or specialize.
Read more >>
March 11, 2010
Lakeview Title Company Real Estate Market News
Are people buying or just kicking tires? Is the economy looking up? Will short sales become easier? Has Spring sprung? What's going on with downtown Columbia? And why on earth am I asking so many questions?!!!
Read more >>
March 05, 2010
Do Buyers Have the Right to Choose Their Own Title Company?
Title companies are not created equally. Neither is title insurance. So, shouldn't a buyer have the right to choose?
Read more >>
February 23, 2010
Will the O'Malley Foreclosure Mediation Bill Solve the Foreclosure Crisis?
Maryland is above the national average in foreclosure filings. And during the last quarter of 2009, foreclosures in Maryland increased significantly from the previous year. So, what's a governor to do?
Read more >>
February 18, 2010
Cyber Security Hub in Maryland Will Bring Jobs and Housing
The Pentagon's proposed Cyber Command at Fort Meade could mean good things for the region
Read more >>
February 16, 2010
What a Snowtastic Week!
I know . . . I know! You were stuck in the house for days watching television, surfing the internet, and drinking hot cocoa. Meanwhile, business nearly came to a screeching halt.
Read more >>
February 02, 2010
Short Sales Going Rogue!!! - UPDATE
Short sales almost went into cardiac arrest last month. But thanks to the attorney general's office . . . they're still on life support!!
Read more >>
January 26, 2010
It's Tidbit Tuesday . . . so here's a tidbit of what's going on in the market
What's going on with mortgage interest rates? Are home sales up or down? What's the FHA talking about? Look no further. The answers to all that and more . . . now . . . on Tidbit Tuesday!
Read more >>
January 20, 2010
Short Sales Going Rogue!!!
The audacity of stealing hope . . . hope that a short sale would actually make it to the settlement table!
Read more >>
January 13, 2010
What Do Real Estate Agents and NFL Players Have in Common?
Big money? High stakes? What do real estate agents and NFL players have in common?
Read more >>
January 06, 2010
Jack Be Nimble, Jack Be Quick . . . Interest Rates Are Headed for an Uptick
We've all become accustomed to low interest rates. Is the party over?
Read more >>
December 30, 2009
5 Great Reasons Why You Should Get Excited About the Real Estate Market in 2010 and Beyond
A wise person once said that in order to be happy you need three things: Something to do, something to love, and something to look forward to. I admit I cannot help you with the first two, but I certainly can try to help you with the last one.
Read more >>
September 16, 2009
70-Something Ways You Could Lose Your Home
One of our title insurance companies, First American Title Insurance Company, produced a great summary of what can go wrong if your title insurance is lacking. They titled it "70-Something Ways You Could Lose Your Home." We've reprinted it below for all of our clients to read. Thanks to First American for this useful information.
Read more >>